U.S. push helps spur Fortis dividend

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FORTIS INC. $47 (Toronto symbol FTS; Income-Growth Portfolio, Utilities sector; Shares outstanding: 426.6 million; Market cap: $20.1 billion; Dividend yield 3.8%; Dividend Sustainability Rating: Highest; www.fortisinc.com) began supplying electricity to St. John’s,… Read More

5 top Canadian dividend stocks to invest in

5 top Canadian dividend stocks to invest in

Here are 5 Canadian dividend stocks we recommend holding in your portfolio
One of the key points in our three-part investment advice is to invest mainly in well-established dividend-paying stocks. Successful investors pay a lot of attention to dividend yields from Canadian dividend stocks. Dividends can… Read More

New projects will spur their dividends

PEMBINA PIPELINE CORP. $45 (Toronto symbol PPL; High-Growth Dividend Payer Portfolio; Utilities sector; Shares outstanding: 504.3 million; Market cap: $22.7 billion; Dividend yield: 5.1%; Dividend Sustainability Rating: Above Average; www.pembina.com) owns pipelines that carry almost all of B.C.’s oil and half of Alberta’s conventional oil. Its network also… Read More

Look beyond their latest quarterly results

All four of these power and gas utilities reported lower earnings for the second quarter of 2018. Moreover, rising interest rates have hurt their appeal among income-seeking investors. Higher rates will also increase their borrowing costs as they raise funds for new projects.
Even so, most… Read More

Utilities still appealing despite rising rates

Share prices for these four power producers have dropped recently. That’s mainly because rising interest rates have increased the appeal of bonds for income-seeking investors. As well, higher interest rates will make it more expensive for utilities to refinance their own outstanding bonds.
However, all four… Read More